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Tokyo Disneyland
Topic: Currency warning! $1 = ¥100

#AuthorMessage
1
Mr X
Wed 3/12/2008 9:43p
Well, here we go.

Yen and dollar virtually at parity now (1 dollar equals 100.23 yen at the moment to be exact).

So, keep that in mind when planning trips to the land of the rising sun, you're gonna need to bring a lot more money than "usual".

On the bright side, knowing exactly how much you're paying for stuff just became VERY easy. :p
2
Malin
Thu 3/13/2008 2:43a
Makes no difference to me as my currency is still the British Pound. Any idea how thats going against the yen at the mo.
3
Mr X
Thu 3/13/2008 3:12a
At the moment 100 Japanese yen will buy just under a half of one British pound. 0.48989 pounds to 100 yen, to be exact.

Don't know how that works out historically though.


4
Mr X
Thu 3/13/2008 3:13a
Wow...just got an email alert that the dollar slipped UNDER 100 yen at some point!

First time since 1995.

Historically, the yen has been stronger though. Sometime in the 1980's, I think. If we get to THAT level (which is pretty much what is happening with the pound and Euro right now), watch out below!
5
MagicalNezumi
Thu 3/13/2008 4:28a
During my first extended Japan stay in 1995, the US dollar was at 80yen!!!! -- MagicalNezumi
6
WilliamK99
Thu 3/13/2008 4:29a
Put this into perspective for me...

Like how many yen for a Disneyland Japan ticket.

How many yen for a soda

How many yen for a Big Mac?

Just curious...
7
MagicalNezumi
Thu 3/13/2008 4:35a
Well, a one-day passport would be about $58.00. (5800yen)

A soft drink from a vending machine is about $1.20. (120yen)

A Big Mac is $3.50. (350 yen...I think)

-- MagicalNezumi
8
Mr X
Thu 3/13/2008 4:39a
So easy now, eh Nezumi!

Wow, 80 yen...some of the more pessimistic folks are saying this will be coming soon.

Good for those of us that earn yen, but not good at all for anyone coming to visit TDR from America!

Does anyone know the all-time low (I'm assuming in the 70's someplace...I had no idea it was as low as 80 back in 1995!)?


9
MagicalNezumi
Thu 3/13/2008 4:56a
April 1995 was when it hit 80yen for the dollar the same week I arrived here. OUCH!

The link is too long to include here but check:

http://www.wikipedia.org
search: yen
section: Plaza Accord

-- MagicalNezumi
10
MagicalNezumi
Thu 3/13/2008 4:59a
Duh... better link:

http://en.wikipedia.org/wiki/Y
en

All times are Pacific Time (US)

Note: Information on the discussion boards is sometimes based on rumors or incorrect information and should not be assumed true. Messages do not necessarily reflect the opinion of LaughingPlace.com or its editors.

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